Blue Whale ICO Review - Decentralized platform for freelancers

[Vladimir41]

Greetings to all fans of crypto currency and fans of blockchain technology.  Today I would like to talk about a new promising project - Bluewhale Foundation

What is Blue Whale?

Bluewhale is a decentralized ecosystem that provides freelancers around the world with the rights and benefits that were previously unavailable for them.


What is the problem?

Gig -  economy - is the economy of hiring performers for temporary individual contracts.  Today we are seeing explosive growth of this kind of activity: studies predict the transition from 30 to 60% of the able-bodied population in freelance in the next 10 years.  Technological corporations such as Uber and AirBnb have enormous power and money, but is it profitable for an average person?

The first problem - High Commission Rates

BluWhale Solution - Contribution Activity Manager (CAM)

The system monitors and rewards people who help attract traffic to freelancers and small businesses, turning them into potential advertisers.  This provides an alternative to increased commission rates from centralized ad platforms, such as Google AdWords.

The second problem - Expensive Marketing and Advertising Costs

BluWhale Solution - Decentralized Associated Network(DAN)

To build the network, system provide free tools such as booking & scheduling software, customer relationship management (CRM) tools, and intelligent advertising solutions. These tools drastically reduce the need forfreelancers and small businesses to spend exorbitant sums to stand out through paid ads, and search engine optimization.

The third problem - Lack of Security

BluWhale Solution - Reward Bank (ReBa)

The bank receives and disburses the Blue Whale eXchange (BWX) coins as the currency of this network. This balances the payouts to contributors by the contribution activity manager (CAM), and the revenues generated by the decentralized associated network. The use of blockchain technology allows for the transparent and trustworthy distribution of the BWX coins


How can we earn on the platform?

1) Referral: Invite new users to the platform and get a reward for it

2) New freelancers: You can also invite other freelancers to BlueWhale and earn on this

3) Curation: You need to make sure that the freelancers who come to the platform are well-tested.  (This feature will only be available to the most reliable of freelancers)

4) Arbitration: Participate in resolving disputes between clients and freelancers.(This feature will only be available to the most reliable of freelancers)

5) Reputation: For customers it is very important that freelancers have an appropriate rating. You can take part in this process and get a token BMX reward.



The main team members:

Will Lee - Co-founder, CEO 500+ LinkId. Stanford University. 2 years worked on the profile of machine learning in Neustar, then founded a small company to develop CRM InstQuest., In 2013 founded the company Verlocal.

Hawon Chung - Co-founder, COO (chief operations officer) 500+ LinkId. Pohang University (Korea). He worked as a programmer in Sun Microsystems and as a sales representative in Oracle, then became CEO in the Korean company ChainTOB, which has partner agreements with Theloop and ICON.

Jaehyun Park (Jay JH Park) -  Co-founder, CAO (chief administrative officer) 500+ LinkId. He worked as vice president at Samsung Pay. Now vice-president of SK Telecom. He is crypto enthusiast and crypto investor. He leads a column in Electric Daily and ZDnet Korea.


Partners of the project:

Verlocal - Business resource platform

ICON Foundation - One of the largest blockchain networks in the world

Theloop - leading provider of private blockchain solution

ChainTOB - Global Blockchain Network Operator


Information about ICO and coin characteristics:

Token Name - Blue Whale Exchange

Ticker Symbol - BWX

Technology - ICON

Token Features - Multi-Utility Token

Total Supply - 105 600 000 000

Soft Cap - 25,000,000 SGD

Hard Cap - 55,000,000 SGD

Accepted Currency - ETH, ICX
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Token Allocation:

● 50%: token sales

● 20%: Company Reserve (Reward Bank)

● 18%: Community Reserve

● 12% Team & Advisor: Co-founders, Project Team, Advisors, Early contributors
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My opinion: After studying, I was pleased with the project.  He has a strong and experienced team, serious partnership agreements and most importantly - solves an important problem. If you wants to participate in the ICO or learn more about this project visit the official website.

Official Website: https://www.bluewhale.foundation/

[thedarkk]

I guess the name is quite a controversial one... Devs, I have a question for you, why have you chosen this particular name of the project? Doesn't it refer to the latest Blue Whale events?
If so I wonder what is the target audience of this project?

[zeej]

According to their telegram, they are trying to emulate the animal blue whale as it is the biggest animal. They want to create the biggest blockchain ecosystem using their DMA strategy like this: https://medium.com/blue-whale-foundation/welcome-to-the-blue-whale-world-6a228f813a3a

[MonsterV]

I guess the name is quite a controversial one... Devs, I have a question for you, why have you chosen this particular name of the project? Doesn't it refer to the latest Blue Whale events?
If so I wonder what is the target audience of this project?

According to their telegram, they are trying to emulate the animal blue whale as it is the biggest animal. They want to create the biggest blockchain ecosystem using their DMA strategy like this: https://medium.com/blue-whale-foundation/welcome-to-the-blue-whale-world-6a228f813a3a

Yes a bit strange look is not, imitate the blue whale because it is the largest animal. Like nothing to do with it, without them knowing the name can be controversial and can lead to pros and cons, if so, I want to hear the explanation directly from dev about the name of this project

[3dyx]

reserved. looking forward for this project progress. i think the token supply is very large.

[thedarkk]

According to their telegram, they are trying to emulate the animal blue whale as it is the biggest animal. They want to create the biggest blockchain ecosystem using their DMA strategy like this: https://medium.com/blue-whale-foundation/welcome-to-the-blue-whale-world-6a228f813a3a

Stil, the name of the project have to been thought over more carefully (probably 'The Whale', 'Huge Whale', 'Great Whale' ). Anyway there are lots of huge things in the world...
 Otherwise, I guess it might be considered as a kind of another program (if you (here I adress to the devs) see what I mean), not one that is said in the description.

[love.prettygirlc3]

I would like to know more about the team who are behind this because no profile links are available to get more details.

[Hakamura]

In "white paper" in General,not a word about the blockchain platform used, only the token table indicates that the coin will be issued on the ICON network.To be honest, the ICON itself shows itself brilliantly in marketing, but it is absolutely opaque in the technical part and the roadmap.

[tuhan123]

The project seems to be interesting, especially in terms of getting profit. I like that there are so many ways to earn... Maybe this fact will make this project more prominent in the huge amount of similar ones. Still, are there any news?

[vuhoang3gia]

the project has a nice name. i really like it. why do you choose this name? what do it relate the content?

[vuhoang3gia]

I understand correctly that the developer of this coin has returned. And even there was an update of the wallet. If it is really so - it's very cool! I did not sell my Masternodes, and all this time I got profit from them.

[frommolo]

Hey, nice project. What is the smallest commission for transfer from system to my bank account. Thanks